The Fuller Company has provided the following information Month July August September October Direct Labour Hours 23,000 26,400 18,800 21,600 28,600 19,400 Factory Overhead $460,475 $565,280 $419,010 $447,970 $543,470 $437,020 November December Fuller Company uses the high-low method to analyze mixed costs. The cost function would be stated as: O a. y = 57,184 + 19.24x O b. y= 180,250 + 12.70x c. y 128,260 + 12.70x O d. y= 180,250 + 19.24x
The Fuller Company has provided the following information Month July August September October Direct Labour Hours 23,000 26,400 18,800 21,600 28,600 19,400 Factory Overhead $460,475 $565,280 $419,010 $447,970 $543,470 $437,020 November December Fuller Company uses the high-low method to analyze mixed costs. The cost function would be stated as: O a. y = 57,184 + 19.24x O b. y= 180,250 + 12.70x c. y 128,260 + 12.70x O d. y= 180,250 + 19.24x
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:The Fuller Company has provided the following information
Month
Direct Labour Hours
July
August
September
October
November
December
23,000
26,400
18,800
-21,600
28,600
19,400
Factory Overhead
$460,475
$565,280
$419,010
$447,970
$543,470
$437,020
Fuller Company uses the high-low method to analyze mixed costs.
The cost function would be stated as:
Oa. y
57,184 + 19.24x
Ob. y 180,250+12.70x
Oc. y=128,260+ 12.70x
Od. y=180,250 + 19 24x
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